All Forum Posts by: Jeremy Chaudet

@Chaim Zigelman, I have 4 properties in Manayunk and Roxborough and have done really well there. There is a mix of young professionals and college students who flock to the area and provide for steady rents. I plan to continue on investing in these areas.

Hey @Nicholas Carelli!

Welcome to BiggerPockets. This site has helped me tremendously with my real estate career. Let me know if you have any questions. I'm a licensed agent & investor in Philly. 

Best of luck!

Hey @Malique Killing,

Sounds like you are in a similar situation as I was a couple years ago. I worked in finance after graduating college and purchased my first property in Manayunk making $650 a month after PITI while living there. Since then, I have grown my portfolio and recently purchased a triplex in Manayunk, living in one unit and renting out the other two. Feel free to DM me with any questions, I'm a licensed agent and can help you out with finding something good since I know exactly what you need.

Best of luck,

Jeremy

Welcome to Biggerpockets @Gabrielle Foster!

I have been investing the last 3 years in Philadelphia growing my portfolio. Feel free to DM me with any questions. I am also a licensed real estate agent and can help you with anything you need. One of the reasons why I got my license was to be able to make multiple (low) offers on properties without having an agent get annoyed by the volume of offers- so I totally understand why we need to make multiple offers to secure good deals! I do it all the time.

Good luck

Matt,

I recommend Broadview Kitchen and Bath. I used them for 11 windows on my most recent rehab and it worked out well. 

http://www.broadviewkb.com/cms/

Good luck

Thanks! Here is one more picture:

Thanks Troy! 

Total rent is $1,570 with me living in there (I probably could have gotten a little more but I wanted to get it filled fast- which I did in 2 weeks). If I rented my place out I would estimate that I should get at least $2,200. I'm expecting PITI to be in the $1,300-1,400 ballpark when I refinance. The units consist of two 1BR apartments and one studio apartment.

When I refinance in August, assuming it appraises for $235,000- 80% cash out is $188,000. So i'm planning on taking that extra money to reinvest into other properties.

Here are some pictures:

Daniel,

I just purchased a triplex in Manayunk to live in it myself and rent out the other units. This was a full-rehab. 

Purchase price: $110,000

Closing: $8,000

Rehab/holding costs: $45,000

ALL IN: $163,000

ARV: $235,000 (conservatively)

PM me with any questions

BS in Finance and International Business

MBA in Finance

Currently work 9-5 in Finance

Welcome and good luck! 

I'm a young investor as well in the area. Feel free to PM me with any questions.